Attachment Theory & The Family Business

This is a really thought provoking piece relating to the attachment that is formed over time when working in a family firm and clearly puts into context the attachment that develops too.

It really comes to the fore at a time of inter-generational transition and it does need to be addressed and acknowledged. Both incoming and outgoing generations have attachments to the business, the legacy and more besides.

Well worth a read.

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As technology, especially in the health / allied health industries, progresses humans are living longer resulting in an emerging trend where it is becoming common to have four generations involved in the family business. This extremely wide spread within the family demographics also comes with its inherently different inter-generational perspectives on life, business and society in general. However, one thing that is common throughout these generations is their “attachment” to the family, the family business, family values and that critical component, the family legacy.